US Government Confirms $4.3 Billion Battery Deal Between Tesla (TSLA) and LG Energy Solution, Reuters Reports
Tesla, Inc. (NASDAQ:TSLA) is one of the best long term stocks to invest in according to billionaires. Reuters reported on March 16 that the US government announced on Monday a supply agreement between Tesla, Inc. (NASDAQ:TSLA) and South Korea’s LG Energy Solution to build a $4.3 billion lithium iron phosphate (LFP) prismatic battery cell manufacturing facility in Lansing, Michigan. The expected production launch is in 2027. The U.S. Department of the Interior said in a statement that “American-made cel ...